Pinnacle Renewable Energy Inc. (OTCMKTS:PINWF - Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 1,200 shares, a decrease of 29.4% from the April 30th total of 1,700 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.0% of the shares of the stock are sold short.
Pinnacle Renewable Energy Stock Performance
PINWF remained flat at $4.18 on Tuesday. The company has a fifty day simple moving average of $4.26 and a two-hundred day simple moving average of $6.30. Pinnacle Renewable Energy has a fifty-two week low of $4.00 and a fifty-two week high of $5.03.
Pinnacle Renewable Energy Company Profile
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Pinnacle Renewable Energy Inc, together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power.
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